Proactive investors

Pencari Mining's strategic focus is on uranium and gold projects. Pencari has taken this focus to Madagascar, where there are abundant unexplored opportunities. Pencari controls 5 gold properties totalling 4,788.5 square kilometres and 8 uranium properties totalling 27,518.75 square kilometres. Pencari's total land position in the central, western, and southern regions of Madagascar that are prospective for gold and uranium is 32,307.25 square kilometres. Pencari continues to look for additional opportunities. In addition, Pencari has a 90% interest in a joint venture on the Pani property, Indonesia.

Pencari Mining Corporation is an exploration and development company traded on the TSX Venture Exchange (symbol: PMC) headquartered in Vancouver, B.C., Canada. Pencari's strategic focus is on uranium and gold projects. Pencari has taken this focus to Madagascar, where there are abundant unexplored opportunities. Pencari controls 5 gold properties totalling 4,788.5 square kilometres and 8 uranium properties totalling 27,518.75 square kilometres. Pencari's total land position in the central, western, and southern regions of Madagascar that are prospective for gold and uranium is 32,307.25 square kilometres. Pencari continues to look for additional opportunities. In addition, Pencari has a 90% interest in a joint venture on the Pani property, Indonesia.

Mr. Adrian Rollke
Position: President and CEO

------------------------------------------------------------------------------
Mr. Rollke is the driving force behind Pencari. Mr. Rollke brings an extensive background in corporate finance and as a senior officer and director of public companies. Among his credentials, he was the secretary / treasurer and director of Atlanta Gold Corporation (1997 1998) a TSE 300 company, over $30 million raised. In addition, he was extensively involved with Consolidated Ramrod Gold Corporation (1992 -- 1996), over $70 million raised. Mr. Rollke is the founder of Pencari Mining Corporation (1999) and took the company public in 2003.

 
  
Mr. Stephen Walters, MSc, MAIMM
Position: Director

--------------------------------------------------------------------------------
Mr. Walters is a professional geologist with over 25 years international experience in Australia, Asia, Africa and North America. In his career, Mr. Walters has held senior positions with several major mining companies including senior geologist with Newmont Mining Corp. Placer Dome Inc. and chief geologist with Scorpion Minerals Inc. and exploration manager with Twin Mining Corp. In 1991 he led the field program leading to the discovery of the Awak Mas gold deposit in Sulawesi (> 2.5 M oz Gold).

 
  
Mr. Geoffrey Carter, P.Eng.
Position: Director

--------------------------------------------------------------------------------
Mr. Carter has been involved in the financial sector for several years as Senior Mining Analyst for brokerage firms such as Research Capital Corp and Midland Doherty Limited. Prior to this Mr. Carter served as Vice President of Operations, Planning and Development, for Inspiration Coal Inc., of Knoxville, Tennessee, Senior Mining Engineer for Hudson Bay Mining and Smelting Co., of Toronto, Canada, and Senior Technical Assistant to Anglo Power Collieries Pty of Transvaal, South Africa. Currently, Mr. Carter is an independent analyst providing services to the mining industry through Broad Oak Associates. Mr. Carter brings invaluable expertise and knowledge to the board of directors.

 
  
Mr. Jerry Blackwell, P.Geo
Position: Director

--------------------------------------------------------------------------------
Mr. Blackwell is a professional geologist with 36 years experience in the mining industry, and is based in Vancouver. He is known for his involvement in discovery-stage gold, base metal and uranium projects. Amongst many things he worked in the early years of exploration in the Athabasca Basin of Saskatchewan, in far-reaching belt reconnaissance programs for Cominco, as an early champion of the Snip gold and Tulsequah Chief projects in the Coast Range Mountains of Northwestern British Columbia, and as a consultant to Murray Pezim's Prime Exploration Group on the Eskay Creek gold discovery. In 1993 he became the President of Gitennes Exploration Inc., leading it to Peru in 1996 and the discovery of the Virgen gold deposit.
 

September 30, 2007
Share Structure

--------------------------------------------------------------------------------
Issued and Outstanding: 38,080,216 
Warrants: 16,013,000 
Options: 3,772,142 
Fully Diluted: 57,865,358 
 

• Abbastar Uranium (TSX: TSX-ABA)
• Commerce Resources Corp. (TSX: CCE)
• El Nino Ventures (TSX: ELN)
• Fission Energy (TSX: TSX-FIS)
• Forum Uranium (TSX: FDC)
• Global Hunter (TSX: TSX-BOB)
• Hi Ho Silver (CNQ: HIHO)
• LANDORE RESOURCES (AIM: LND)
• Mindoro Resources (TSX: TSX-MIO)
• Raytec (TSX: TSX-V: RAY)
• Ringbolt Ventures (TSX: TSX-RBV)
• Strathmore Minerals (TSX: TSX-STM)
• Xemplar Energy Corp (TSX: TSX-XE)